Echo Wealth Management LLC Buys 899 Shares of FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN)

Echo Wealth Management LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) by 14.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,216 shares of the company’s stock after buying an additional 899 shares during the period. Echo Wealth Management LLC’s holdings in FT Vest U.S. Equity Buffer ETF – June were worth $360,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Kingswood Wealth Advisors LLC increased its position in FT Vest U.S. Equity Buffer ETF – June by 42.0% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 19,881 shares of the company’s stock valued at $996,000 after buying an additional 5,885 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in FT Vest U.S. Equity Buffer ETF – June during the 1st quarter valued at approximately $1,347,000. Farther Finance Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – June during the 1st quarter valued at approximately $616,000. Signal Advisors Wealth LLC increased its position in FT Vest U.S. Equity Buffer ETF – June by 82.6% during the 1st quarter. Signal Advisors Wealth LLC now owns 121,867 shares of the company’s stock valued at $6,080,000 after buying an additional 55,127 shares in the last quarter. Finally, Merit Financial Group LLC increased its position in FT Vest U.S. Equity Buffer ETF – June by 19.1% during the 1st quarter. Merit Financial Group LLC now owns 7,173 shares of the company’s stock valued at $358,000 after buying an additional 1,151 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – June Trading Up 4.9%

FT Vest U.S. Equity Buffer ETF – June stock opened at $52.42 on Friday. FT Vest U.S. Equity Buffer ETF – June has a 12 month low of $45.43 and a 12 month high of $53.19. The firm has a market cap of $961.98 million, a price-to-earnings ratio of 24.70 and a beta of 0.59. The stock has a fifty day simple moving average of $50.97 and a two-hundred day simple moving average of $51.20.

About FT Vest U.S. Equity Buffer ETF – June

The FT Cboe Vest U.S. Equity Buffer ETF – June (FJUN) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FJUN was launched on Jun 19, 2020 and is managed by First Trust.